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Nigerian Banks

Keyamo Gives N21.68bn NAMA Deal to Nasiru Danu’s Firm

Nigeria's aviation minister quietly handed a N21.68 billion government contract to a company linked to Nasiru Danu, a contractor with a long record of fraud allegations.

United Capital Grows Revenue 35 Percent to N58.55bn in 2025

United Capital Plc grew revenue 35% to N58.55 billion in 2025, its strongest annual performance on record, as trading income and fees accelerated sharply.

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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Keyamo Gives N21.68bn NAMA Deal to Nasiru Danu’s Firm

Nigeria's aviation minister quietly handed a N21.68 billion government contract to a company linked to Nasiru Danu, a contractor with a long record of fraud allegations.

United Capital Grows Revenue 35 Percent to N58.55bn in 2025

United Capital Plc grew revenue 35% to N58.55 billion in 2025, its strongest annual performance on record, as trading income and fees accelerated sharply.

Doctors Suspended Over Chimamanda Adichie Son’s Death

Three Nigerian doctors have been suspended after a medical panel found preliminary evidence of negligence in the death of Chimamanda Adichie's 21-month-old son.

NPA Cargo Hits 129.3M Metric Tons in Record 2025

Nigeria's ports moved 129.3 million metric tons in 2025, the biggest annual cargo haul in the country's maritime history.